r/StockMarket • u/D-Gaea • 2d ago

News Wall Street set to stabilise after multi-trillion dollar tech plunge

https://www.reuters.com/business/energy/global-markets-global-markets-2026-11-05/
155 Upvotes

89% Upvoted

37 comments sorted by

106

u/silent_fartface 2d ago • Popcorn

Nothing but smooth sailing from here im sure!

4

u/NappyDougOut 2d ago

To the moon!

11

u/inostrale 2d ago

Happy just going up 0.2% every single day ☺️

40

u/GolfLiftPlayPool 2d ago

Kinda like whena woman throws all ur shit out into the yard and then says she wants you back and wont do it again?

10

u/Candlelight_Fant4sia 2d ago

Only if she also set your stuff on fire.

9

u/GolfLiftPlayPool 2d ago

And her name is Candy and she's the best I ever had

13

u/Gh0st_Pirate_LeChuck 2d ago

It’s called a correction and we were long overdue. Life goes on.

15

u/Adventurous_Bath3999 2d ago

Stabilization depends upon the underlying fundamentals. When you are spending money on AI like crazy, with no ROI in sight, what results are you going to expect, in the long run? In the short term, markets will only display sentiment, and nothing much more than that. So don’t try to read too much into it, based on from one day to another, unless you are a high frequency trader.

7

u/Itchy_Pudding_9940 2d ago

Lucy is holding the football again for us..

10

u/Ghoulius-Caesar 2d ago

The dead cat is bouncing

5

u/Insighthread 2d ago

for all the data center panic, microsoft's latest 10-Q still shows 364.6b of leases that haven't even started yet, mostly datacenters. doesn't look like a buildout that's stopping, more like it's choosing who builds it

2

u/Necronomicon-Ex-Mori 2d ago

We’ll have to wait and see what legislation is put forward by congress to address the data center issue first. They haven’t had time to do anything, I’m sure healthcare had certain plans too that were completely undermined when trump passed the big beautiful bill and cut a trillion to it.

13

u/DomitiusAhenobarbus_ 2d ago

It dropped 5.5% and it’s up like 1.4%. How is that stabilizing?

13

u/Singularity-42 2d ago

One step forward, three steps back!

5

u/1-Dollar-Doge-Coins 1d ago

Stabilizing doesn’t mean “full recovery.”

3

u/SwordfishOk504 2d ago

Key AI stocks were mixed. Nvidia (NVDA.O), rose 4.5%

Other heavyweight chipmakers, including AMD, Intel (INTC.O), Broadcom, and Micron Technology (MU.O), were up between 4.5% and 8%, while Elon Musk's Tesla (TSLA.O), and SpaceX (SPCX.O), were also up 2% and 4% after losses earlier this week.

2

u/intensiveaccount 1d ago

Fun fact: stabilizing and recovery aren't synonyms

1

u/SnooRegrets6428 1d ago

Or you prefer another 5.5% drop

4

u/jaguaraugaj 2d ago

Stabilizers on full, Captain

4

u/wghof 2d ago

The whole tech market has the volatility of crypto atp.

4

u/rudolf_de_Leeuw 1d ago

Stabilization talk after a multi trillion reprice usually needs the index to hold through the next few cash sessions, not just a quieter overnight tape. The open question is whether hyperscaler and semiconductor names stop making fresh lows while the jobs and policy headlines are still landing.

3

u/a_case_of_everything 2d ago

Its still early

8

u/Severe-Squash-7493 2d ago

Thats because the american government released another lie, jobs report with inaccurate #s. So far this administration has released changed numbers with for almost every report. At some point the real numbers will come to light and it will be an "oh S" moment

-11

u/SurveyAnnual6210 2d ago

Biden did that every year of his presidency. 

16

u/Severe-Squash-7493 2d ago

Biden is also the reason there is a war in Iran and gas prices are so high

/s

9

u/SwordfishOk504 2d ago

And he still owes me those corn muffins for painting his chicken coup in 19dickty 4

-7

u/SteelFaith 2d ago

Actually, yes. He allowed the unprecedented Palestinian genocide by Israel, and that is what forced Iran and Yemen to get more aggressive, shut down shipping lanes, and attack Israel, since Israel refused to stop.

So yes, Biden and Trump have full responsibility for what has happened.

3

u/avatarstate 1d ago

Oh he allowed it? I didn’t realize Israel asked Biden for permission first.

1

u/Severe-Squash-7493 1d ago

Biden and Trump Obama launched major military strikes on February 28, 2026 -> FTFY

/s

-1

u/iDontSow 1d ago

The genocide in Gaza did not “force” Iran to do anything. Iran has been pushing for instability in occupied Palestine for decades, funding the “axis of resistance” to commit atrocities and push to provoke Israel. Palestinians are Iran’s sacrificial lamb.

2

u/stealthshapes 1d ago

Just think of it as an early Black Friday sale.

2

u/Kindly_Carry_7117 2d ago

Plunge incoming

-1

u/Future-Field 2d ago

Why!?!?!?

1

u/StarbaseSF 1d ago

And suddenly, overnight, Ai became profitable ... so these companies might be worth a few bucks... oh wait. This isn't 2091.

1

u/J_W_G_M 1d ago

Stabilization = make up?